UBS Conterinental Loses Crown as the most valuable bank in Europe
A Santander office building in London.
Luke McGregor | Bloomberg via Getty Images
Spanish loan Santander Bank Swiss giant was caught Ubl As the largest bank with the continental Europe’s market capitalization, US tariffs are rippling with the bruised banking sector of the region.
UBS – April 2 sharing has announced its mutual tasks of the US President and Washington’s trade partners and 91.3 billion euros ($ 103.53 billion), 79.53 billion) market lid (97.23 billion) market lid (97.23 billion) has a market cover.
According to LSEG, the shares of the two banks, 17.2% this year, about 35% of Banco Santander met with about 3.2%.
Both Banks suffered, along with the introduction of protectionist trade policies in the White House, along with a larger banking sector in Europe and in the United States to growth worldview in the United States
Washington applied 20% of the European Union on imports, but lowered them to 10% under the 90-day break announced by Trump on April 9.
Switzerland is not a member of the EU – 31% increased by 31% after a break lifter and Trump management threatened additional tasks for imported drugs. This can bring a blow to the Pharmaceutical Industry, which says “healthy grew” in the fourth quarter and “significant contribution to the country’s exports in the period.”
The wider wide, the European Union gave impetus from the announcement of banks Reace Initiative of the European Union In March, it triggers more debt activities to discharge regional financial rules and increase defense costs.
Exposure to the United States
The two largest loans of continental Europe are very different to the US market.
Banco Santander is the fifth largest auto loan in the country and expands through a Last partnership Telecom with a giant verizon. However, only 9% of the total profit for 2024.
European banks
Meanwhile, in the meantime, UBS-lucrative core Global Wealth Management Department, according to its annual report, is a profitable generation management department that is about half of the Swiss lender’s invested assets.
The UBS worldview is also clouded with the shroud of uncertainty, which has a new and steep capital requirements from the Swiss authorities. This is the expansion of the local peer hospital inherited by the presence of a separate US and the expansion of Suisse after a profit. Lender open-eyed to bring more clarity to these rules next month.
UBS’s profitability, a strong Swiss franc – Historically, has a valid shelter of 8% appreciated by 8% compared to the US dollar since the introduction of the latest tariffs.
Along with the lucky inflation in the country, along with the lucky inflation in the country, the currency that strengthens the currency that can get more defensive discounts for interest rates reduced in March 0.25% in March –
For comparison, the European Central Bank is expected to be decorated with a quarterpoint with a quarterpoint with a quarter-point in the next period.
After the ECB reported that his monetary policy was “less limited to meaning”, the potential interest rate will occur – some analysts, when it comes to reducing the proportions, he said.
The decline in national interest rates, usually pull the net interest income income of local lending.